{"id":196,"date":"2020-06-12T18:29:13","date_gmt":"2020-06-12T18:29:13","guid":{"rendered":"https:\/\/www.bradybilling.com\/blog\/?p=196"},"modified":"2020-06-29T18:30:24","modified_gmt":"2020-06-29T18:30:24","slug":"in-house-vs-third-party-medical-billing-pros-and-cons","status":"publish","type":"post","link":"https:\/\/www.bradybilling.com\/blog\/in-house-vs-third-party-medical-billing-pros-and-cons\/","title":{"rendered":"In-House vs. Third-Party Medical Billing: Pros and Cons"},"content":{"rendered":"\n<div class=\"wp-block-image\"><figure class=\"alignleft is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.bradybilling.com\/blog\/wp-content\/uploads\/2020\/06\/AdobeStock_258534147__1593365194_20097.jpg\" alt=\"A calculator, stethoscope, money, a pen, and a health insurance claim form lying on a desk\" class=\"wp-image-197\" width=\"336\" height=\"223\" srcset=\"https:\/\/www.bradybilling.com\/blog\/wp-content\/uploads\/2020\/06\/AdobeStock_258534147__1593365194_20097.jpg 800w, https:\/\/www.bradybilling.com\/blog\/wp-content\/uploads\/2020\/06\/AdobeStock_258534147__1593365194_20097-300x200.jpg 300w, https:\/\/www.bradybilling.com\/blog\/wp-content\/uploads\/2020\/06\/AdobeStock_258534147__1593365194_20097-768x511.jpg 768w\" sizes=\"auto, (max-width: 336px) 100vw, 336px\" \/><\/figure><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">As a dentist who is preparing to offer sleep apnea\ntreatment to patients in need, you are likely trying to determine how best to\nhandle your medical billing. While there are benefits of keeping it in-house\nwith your current administrative staff, there are also advantages of letting a\nthird-party company handle all the ins and outs. So how do you choose? Spend a few\nminutes weighing the pros and cons of each option so that you can make a\nwell-informed decision as to how and who should handle your sleep medicine\nbilling process.<\/p>\n\n\n\n<!--more-->\n\n\n\n<h2 class=\"wp-block-heading\">In-House Billing Pros and Cons<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">You trust your administrative staff to handle all the\ndetailed information that comes with filing dental insurance, right? But what\nabout the medical side of things? Health insurance is vastly different than\ndental and can require a multitude of steps your team must take in order to\nensure a patient receives approval for treatment. So, what are the pros and\ncons of letting your in-house team take care of this process? Let\u2019s take a\nlook:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Pros<\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>Save money by not paying an outside company to\nhandle the processing<\/li><li>You maintain full control of all claims and data<\/li><li>You get to keep the full amount of medical reimbursement\nfor each claim<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Cons<\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>Your administrative team is now required to\nundergo additional training to understand and handle all sleep medicine claims\nprocessing, which can be time-consuming<\/li><li>Takes your team away from being able to focus\nsolely on your patients due to the increasing demands that can come with\nmedical billing<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Third-Party Billing Pros and Cons<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">On the other hand, you have the option to go with a\nthird-party billing company. Why do so many dentists do this? There are many\nreasons, some of which you will need to decern for yourself as to whether they\nare most beneficial to you and your practice. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Pros<\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>Allows your in-house team to focus on the\npatients and avoid spending an overabundance of time calling various medical\ninsurance companies<\/li><li>Requires little time spent training your\nin-house staff on the process of medical billing <\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Cons<\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>You will be expected to relinquish a portion of\nthe reimbursed amount to the medical billing company for each processed claim<\/li><li>You will not have as much control over the data\nand claims submitted on behalf of your patients<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Ultimately, it is up to you as to which method will work\nbest for your needs. However, when incorporating sleep apnea therapy into your\npractice, it is strongly recommended that you consider the potential of hiring\na third-party company like Brady Billing to handle these processes. Not only\nwill you and your team be able to continue to deliver high-quality care to your\npatients, but you will also feel assured knowing you and your patients\u2019 best\ninterests are in mind at all times. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>About Brady Billing<br>\n<\/strong>We specialize in dental offices that provide sleep medicine services and\noffer billing services for dentist offices throughout the country. By offering\na range of billing services, we can assist in answering your questions and\nproviding a complimentary consultation to discuss available services. To find\nout how we can help you, visit our <a href=\"https:\/\/www.bradybilling.com\/contact-us.html\">website<\/a> or call <strong>(844) 424-5548<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As a dentist who is preparing to offer sleep apnea treatment to patients in need, you are likely trying to determine how best to handle your medical billing. While there are benefits of keeping it in-house with your current administrative staff, there are also advantages of letting a third-party company handle all the ins and [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-196","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Sleep Medicine Billing | Third-Party Company | Brady Billing<\/title>\n<meta name=\"description\" content=\"Unsure if you should use your in-office staff or a third-party company for sleep medicine billing? 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